Entry Type (Market Execution/Limit Order/Automatic/Stop Limit Order/FractalMarket/HighlowMarket/Zone)

Entry Type: 

  • Market Execution: ARYA will instantly enter the position when you click BUY or SELL.

    HubSpot Video
  • Limit Order: ARYA will enter the position at the price you define in the Entry Value To SELL, the Entry Value must be above the current market price. To BUY, the Entry Value must be below the current market price.

    HubSpot Video

ConditionalOrder: Fill in the EntryValue field with the price that which you wish to enter a position at and click on BUY or SELL depending if you wish to buy or sell, and ARYA will directly place the correct type of order, either a LimitOrder or a StopLimitOrder depending on the selected price.
Ex: when you enter a price of 12000, ARYA will automatically detect whether to place a LimitOrder or a StopLimitOrder.

StopLimitOrder (reverse of Limit Order):
Enter the price at which you want ARYA to enter the position in the LimitPrice field.
To sell, the set price must be below the current market price.
To buy, the set price must be above the current market price.

Automatic Mode:

  • Fractal: ARYA will identify the next available confirmed fractal in the trade direction you choose (BUY or SELL). If you wish to BUY, it will consider the last available upward confirmed fractal (represented by a grey arrow above a set of five complete candlesticks).
  • Moving Average: ARYA will place a Stop Limit Order or a Limit Order when depending on if the market price is above or below the Moving Average. Enter the value of the chosen Moving Average in the Entry Value

Example: You have chosen the Moving Average 50 and want to BUY. When the market price is above the Moving Average 50, a Limit Order will be placed. If below the Moving Average 50, a Stop Limit Order will be placed.

Not an applicable market entry method when Stop Loss U, High Low and High Low Custom.

  • High Low: ARYA will place an order on the high or low of the previously closed candle depending on the direction (BUY/SELL) and the time unit chosen in Entry Time Frame. If the high or low of the candle is too close to the current market price the broker won’t allow the opening of the trade due to the spread.

Note: ARYA will not be able to place an order on small UTs.

  • CCI (Commodity Channel Index): ARYA will place a BUY order when the CCI indicator crosses up through the -100 value on the histogram, for example when it goes from -105 to -95. The order will be placed when the candle closes. ARYA will place a SELL order when the CCI indicator crosses downwards through the +100 value, for example when it goes from +108 to +92.

Note: Remember to add the CCI indicator to your chart.

  • MACD: ARYA will place a BUY order when the indicator line crosses above 0 in the histogram. The order will be placed when the candle closes. It will place a SELL order when the indicator line goes below 0.

Note: Remember to add the MACD indicator to your chart.

  • Close Moving Average: Enter the value of the Moving Average in the Entry Value If you enter 50, ARYA will place a BUY order when the market price rises above the Moving Average 50 and a candle closes above it. If it is just a candle wick, ARYA won’t consider this candle for market entry and will wait for a true close of the candle body to enter the position.

Not an applicable market entry mode when using Stop Loss U, High Low and High Low Custom.

  • Close Price Fractal: Suitable entry method for Price and If you choose Fractal, ARYA will identify a trigger fractal for the order. And when a candle closes above this fractal, ARYA will enter the trade.
    If it is only a wick, ARYA will not enter. If you choose Price for a BUY trade and set e.g., 12,500, when a candle closes above 12,500, ARYA will enter the market. If only a wick happens, ARYA will not enter the market. Enter the price value in Entry Value.
  • GreenCloseCandle: If you want to buy and the market goes down, ARYA will wait for the last candle of the fractal to close green (up) to enter a buy position.
  • RedCloseCandle: If you want to sell and the market goes up, ARYA will wait for the last candle of the fractal to close in red (down) before entering the position.
  • Ichimoku Kijun: When the market price crosses up, and candle closes above the Kijun, ARYA will place a BUY order. When the market price crosses down, and candle closes below the Kijun, ARYA will place a SELL order.
  • Ichimoku Tenkan: When the market price crosses up, and candle closes above the Tenkan, ARYA will place a BUY order. When the market price crosses down, and candle closes below the Tenkan, ARYA will place a SELL order.
  • MM Cross: Choose up to 3 Moving Averages in the Entry Value Enter two values for two MAs e.g., 7/20 or 7/20/50 for three. For a BUY trade, ARYA will place an order when a candle closes above the Moving Averages which have crossed each other. For a SELL trade, ARYA will place an order when a candle closes below the crossed Moving Averages. If only a wick, ARYA will not place an order.
  • Fractal R (reverse): In a BUY trade, ARYA will take the last available confirmed low fractal as a reference and will enter the position at the close of the last candle of the fractal (the second candle after the lowest candle). In a SELL trade, ARYA will take the last available high confirmed fractal as a reference point and then enter the position at the close of the last candle of the fractal (the second candle after the highest candle).
    HubSpot Video

Entry Time Frame: Allows you to enter a position on a different unit of time (UT) to the one you are viewing. For example, you can ask ARYA to monitor candles and enter a position on M15, while viewing candles in H1. Or you can select ‘Current’, and ARYA will enter on the unit of time you are viewing. Choose any UT from Minute 1 (M1) to Month 1 (MN1).

Entry Point Buffer: Input a value here and ARYA will be able to shift your entry point by that number of points. Example: If you input 5, ARYA will enter the position after the market has moved 5 points past the confirmed fractal.

Entry Value: Input the value at which you want ARYA to enter the position.  

FractalMarket: Entry into position on fractal, when the market is at the level of the fractal, ARYA enters a market position. It does not place a conditional order, but enters the market at this defined level. Takes into account the spread.

HighlowMarket: Market entry on the high or low of the current candle. Define the time unit that will be taken into account for the position entry. It does not place a conditional order, but enters the market at this defined level.

Zone: Entering the fractal reverse position. ARYA will place a buy limit order on the fractal level (low) and will enter the position as soon as the market has reached the entry point the entry point placed on the last reverse fractal. Works with volatile StopLoss, percentage, price and point. Works with StopLoss point, volatility, price, percentage.